By OGJ editors
HOUSTON, Mar. 22 -- TAQA Bratani Ltd. let a subsea installation contract to Technip for the development of Falcon oil field in 160 m of water on North Sea Block 210/25a about 560 km northeast of Aberdeen.
TAQA Bratani, a wholly owned subsidiary of Abu Dhabi National Energy Co. PJSC (TAQA), acquired the acreage as part of its $631 million acquisition of seven oil fields in December 2008 from Shell UK Ltd. and Esso Exploration & Production (UK) Ltd. The sale included 100% interest and operatorship of the Tern, Kestrel, Eider, Cormorant North, South Cormorant, and Pelican fields, and a combined 26.73% interest in the Dana operated Hudson field together with a 16% interest in the Brent system and a 24% interest in the Sullom Voe terminal.
The UK Department of Energy and Climate Change (DECC) noted that TAQA appraised the area north of Tern field with a dual-branch exploration-appraisal well in April-May 2010. The second branch (210/25a-10z) found oil and proved a separate hydrocarbon accumulation from the Tern field.
DECC said TAQA plans to develop this accumulation called Falcon probably as a single-well tie-back to the Tern platform via the Kestrel subsea development, with production to start in this year’s second half.
The contract with Technip contract covers:
• Project management and engineering.
• Installation of a 6-in. production flexible flowline and a 4-in. gas lift flexible flowline.
• Installation of a control umbilical and a subsea distribution unit.
• Removal and replacement of a flexible riser.
• Trenching and backfilling of the flowlines and umbilical.
• Precommissioning, tie-ins, and testing.
Technip’s operating center in Aberdeen will execute the contract and its Le Trait, France, flexible pipe plant will manufacture the flowlines under a separate supply contract. Technip’s diving support vessel Orelia will handle the offshore installation, scheduled for completion the second half.
TAQA lets subsea contract for Falcon oil field in North Sea
By OGJ editors